M&A Deal Summary

Arrive Logistics Acquires Forager - Cross-border Business & Proprietary Platform

On February 1, 2022, Arrive Logistics acquired transportation company Forager - Cross-border Business & Proprietary Platform from Forager Logistics

Acquisition Highlights
  • This is Arrive Logistics’ 1st transaction in the Transportation sector.
  • This is Arrive Logistics’ 1st transaction in the United States.
  • This is Arrive Logistics’ 1st transaction in Texas.

M&A Deal Summary

Date 2022-02-01
Target Forager - Cross-border Business & Proprietary Platform
Sector Transportation
Buyer(s) Arrive Logistics
Sellers(s) Forager Logistics
Deal Type Divestiture

Target

Forager - Cross-border Business & Proprietary Platform

Austin, Texas, United States
Forager's Cross-border Business & Proprietary Platform provides logistics services.

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Buyer(S) 1

Buyer

Arrive Logistics

Austin, Texas, United States

Category Company
Founded 2014
Sector Transportation
DESCRIPTION

Arrive Logistics is a freight brokerage that delivers unparalleled service to its network of shippers and carriers through its highly trained workforce and advanced proprietary technology platform. The company offers a full span of truckload services across temperature-controlled, flatbed, dry van, and over-dimensional. It serves over 4,000 active customers in critical, recession-resistant industries through its network of over 23,000 active carriers. Arrive Logistics was founded in 2014 and is based in Austin, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

Forager Logistics

Austin, Texas, United States

Category Company
Founded 2018
Sector Transportation
DESCRIPTION

Forager Logistics operates as a logistics company. The Company offers freight forwarding, brokerage, and handling services. Forager Logistics was founded in 2018 and is based in Austin, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1